Lago Vista cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexLago VistaTexasNational
Cost of living index9891100
IndexLago VistaTexasNational
Goods & Services index9697100
Groceries index8490100
Health care index10296100
Housing index10981100
Transportation index8995100
Utilities index9894100
An overview of the general cost of living index for Lago Vista, TX is displayed above for your reference. Residents in Lago Vista, TX enjoy a cost of living index of 98. This index is 8% higher than the Texas average, and 2% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Lago Vista, TX, the average cost of goods and services is 1% lower than it is in Texas, and it is 4% lower than the national average.

Did you know?

  • The cost of living in Lago Vista is 8% higher than the Texas average.
  • The cost of living in Lago Vista is 2% lower than the national average.
  • The cost of housing in Lago Vista is 9% higher than the national average.
  • Texas general sales tax is 23% higher than the national average.
  • Texas state income tax is 100% lower than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Lago Vista, TX to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Lago Vista, TX, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Lago Vista, TX salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Lago Vista, TX, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Lago Vista, TX, the median monthly income is $83,287 for those who own their own homes. Under the standard rule, that income level would allow for $1,943 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $23,250, per the median income in the area. That would allow for renters to spend up to $542 on monthly rental expenses.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Lago Vista, TX and want to know what the true cost of living is, they ought to look at both the Texas income tax rate and the Texas sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Texas, the sales tax is 6.25%, while the most you'll pay in surtax is 8.25%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Texas, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemLago VistaNational avg.Difference
Haircut $16.25$14.5911.4%
Beauty Salon $36.67$34.685.7%
Toothpaste $1.63$2.4734.1%
Shampoo $0.75$1.0226.6%
Movie $10.63$9.877.7%
Bowling $4.39$4.390.0%


ItemLago VistaNational avg.Difference
Ground Beef $3.49$4.4822.0%
Fried Chicken $1.01$1.4631.0%
Milk $2.63$2.3611.6%
Potatoes $2.67$3.0612.8%
Pizza $8.99$9.242.7%
Beer $8.57$8.630.7%

Health Care

ItemLago VistaNational avg.Difference
Optometrist $103.53$99.783.8%
Doctor $103.00$105.031.9%
Dentist $94.50$88.706.5%
Ibuprofen $7.97$9.4115.3%
Lipitor $306.77$298.502.8%


ItemLago VistaNational avg.Difference
Home Price $194,500.00$175,700.0010.7%
Avg. Mortgage Payment $911.89$1,081.0315.6%
Apartment Rent $959.00$920.004.2%


ItemLago VistaNational avg.Difference
Gasoline $1.76$2.0915.9%
Tire Balancing $45.98$45.291.5%


ItemLago VistaNational avg.Difference
All Electricity$183.52$170.807.4%
Phone $24.15$28.2614.5%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Liberty Hill, TX1,41691-9%
Jonestown, TX2,11594-6%
Leander, TX30,04097-3%
Cedar Park, TX58,0881011%
Austin, TX864,2181077%
Lago Vista, TX6,34998-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Brookings, OR6,35011818%
Clyde, OH6,35087-13%
Lynchburg, Moore County, TN6,34894-6%
Brookville, OH6,35191-9%
Hurricane, WV6,35290-10%
Lago Vista, TX6,34998-2%
Source: The Lago Vista, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.